| Summary |
- No Master Broker Fee on completion
- ONLY £199 Application Fee
- £100 Disbursement Fee - covers lenders reference & land reg search
- Valuation Fee - if applicable as some lenders use drive by or desktop valuations
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| Where to use a second charge mortgage |
- Early Repayment Charges (ERC's)
- The current first charge mortgage is too good to lose
- Minimal equity for a remortgage
- Affordability could be better
- Complex income
- Poor credit profile
- Loans for any legal purpose
- Better rental calculation on BTL properties
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